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EMBRAER FLIES ITS LEGACY TO AEROEXPO 2003 IN MEXICO

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Embraer, the renowned Brazilian aircraft manufacturer, will be displaying at AEROEXPO 2003 one of its most successful products – the Legacy business jet. Parked at the Static Display area and open to visitors, authorities and attendees, the aircraft will highlight the Company’s attendance.

The Legacy will be presented to visitors, authorities and attendees during the 4th International Aviation Trade Show & Convention held in Acapulco on March 6-8. The airshow is one of the most important events of the industry in Latin America and main players from around the world including operators, manufacturers, regulatory agencies and government authorities are expected to attend.

The Legacy by Embraer at AEROEXPO 2003

The Legacy is a super midsize twin-engine business jet based on the successful ERJ 145 family of regional jets in service with 27 of the world’s leading airlines. Over 600 ERJs have been delivered to date. Modifications to the ERJ 135 platform include the addition of winglets and fuselage reinforcements, auxiliary fuel tanks, higher-rated turbofan engines and superior interior finishing.

Delivering the largest cabin in its class, the Legacy cruises at Mach .80 and offers a non-stop range that reaches 3,100 nm (5,741 km) with 10 passengers and NBAA IFR reserves. This range, bolstered by superior payload/range capabilities, enables customers to fly non-stop from Mexico City to New York, La Paz or Manaus, or with one stop to London, all at a fraction of the cost of competition – an unprecedented customer value offer.

Available in Executive and Shuttle configurations, all Legacy family members deliver an abundant 39.9 cu. m. (1,410 cu. ft.) cabin volume, providing ample room for work or relaxation. In the Executive configuration the height of the cabin reaches 1.83 m (6 ft) while the aft luggage compartment holds up to 6.8 cu. m. (240 cu. ft.) of bags. This cabin is by far the largest in its category – 60% larger than other super midsize business jets – with the feeling of spaciousness further enhanced by the natural light coming from the 26 windows and the state-of-the-art interior lighting system.

The Shuttle version features business class seating for up to 19 passengers in versatile arrangements designed to meet customer requirements. The Shuttle retains the same cabin space of the Executive version, but with an additional wardrobe and a stowage cabinet, which are installed in the aircraft’s forward section, a larger baggage compartment (325 cubic feet or 9.2 cubic meters) and the use of business class seats that provide shuttle passengers an exceptional level of comfort.

The Legacy received full aircraft type certification from the Brazilian aviation authority (CTA) in December 2001, from the European Joint Aviation Authorities in July 2002 and from the U.S. Federal Aviation Administration (FAA) in September 2002.

Embraer’s Legacy is powered by two ultra-quiet Rolls-Royce AE 3007 high-bypass turbofan engines. These are Stage IV noise compliant, environmentally-friendly engines. They are controlled by dual redundant Full Authority Digital Engine Controls (FADEC) to optimize operation and reduce wear and fuel consumption, and are fitted with built-in test equipment and trend monitoring systems for quicker fault identification and repair.

The power supply and energy for the Legacy are provided by two segregated and independent electrical and hydraulic systems. The aircraft is equipped with a Hamilton Sundstrand APU that generates power to energize systems and keep the passenger cabin cooled or heated when the aircraft is operated at airports with no ground support infrastructure.

The current order book for the super midsize Legacy stands at a total of 164 aircraft with 73 firm orders and 91 options worldwide. Fifteen aircraft have already been delivered to customers in the United States, Latin America, Europe and the Middle East. To support the Legacy operators, Embraer has built upon its existing worldwide customer support network, by forming partnerships with leading business aviation service providers. This combination of global infrastructure and business aviation expertise assures Legacy operators convenient access to technical assistance, training and service – wherever their business takes them.

Note to editors

Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; Bovespa: EMBR3 and EMBR4) is one of the world’s leading aerospace companies. With headquarters in São José dos Campos, state of São Paulo, and offices and customer service bases in Australia, China, France, Singapore and the United States, the Company as of December 31, 2002 had a total workforce of 12,227 people. Embraer was Brazil’s largest exporter from 1999 to 2001, and second largest in 2002. As of December 31, 2002, Embraer’s firm order backlog totaled US$ 9.0 billion and the total backlog, including options, equaled US$ 22.2 billion.

Embraer has 33 years of experience in designing, developing, manufacturing, selling and providing after sales support to aircraft aimed at the global airline, corporate and (more recently) defense markets. This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect the Company’s businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among other: general economic, politic and trade conditions in Brazil and in those markets where the Company does business; expectations on industry trends; the Company’s investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are supposed to identify potentialities. The Company does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Company expectations.